How Do You Feel When You Can Make Payments With Crypto?
When you can use something in real life, no one has to come and convince you how useful it is and what you can do with that. You see fiat currency from your childhood and use it in your daily life. Probably you never ask questions about the use case of fiat currency. You see people making transactions and you do it as well.
People ask questions about the use case of cryptocurrency. Maybe it is because we do not use crypto directly to buy goods and services or pay for something else. What if when you see people use crypto in daily life to settle transactions?
Now, most people convert crypto into fiat currency and then use it in their daily life. When you have the options to use cryptocurrency directly to make payments or receive payments, that's a game changer.
It will accelerate the adoption of cryptocurrency. You will be happy to know that Novotel Bahrain Al Dana Resort accepts cryptocurrencies as payment. Seeing that, other hotels and companies seriously consider accepting crypto as a payment option.
When customers have options to pay with crypto, they will use it without going through any hassle of converting crypto into fiat currency. People get used to paying with a debit card or credit card. You do not have to carry cash to settle any transaction.
Crypto can give the same utility. The Canadian University of Dubai (CUD) allows students to pay fees in cryptocurrencies after making a partnership with the leading crypto exchange Binance. Students can pay tuition fees and other fees with crypto. This can be a good example in our society of how crypto can make a change.
You can make money on crypto by doing different things. You can play games, stake crypto, create content on blockchain-based platforms like Hive, and do trading and investment. It is fascinating that people can use crypto directly in their life that they earn.
From this point, we will see more adoption of cryptocurrency. Everything moves toward Web 3.0. We are going to see a big change sooner or later. Be ready and position yourself to get the best out of it.
So what do you think? Please feel free to leave your comments. Thank you for reading this post. That's it for now. I'll be back with another post.
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Reference: 1.
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Hi, I am Rezoanul Vibes. I'm a content creator and passionate learner. I write about finance, cryptocurrency, and lifestyle. I'm glad to meet amazing people all over the world.
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Lovely writeup , The adoption of cryptos comes with so much opportunities like you have listed out , and I believe anyone who loves or admire financial freedom will really need to embrace the adoption of crypto.
We get more opportunities in crypto and people are adopting it. It's fascinating to see how crypto is evolving and growing.
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Paying for good and services in the society with crypto currency will be a nice change as it will stop the issues of walking with cash on the street.
It's awesome when you do not need to convert your crypto into fiat currency to make payments. YOu can pay directly with crypto.
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Wow! Good to hear it that some business owners accepts cryptocurrency as payment.
Hopefully many will adopt it.
Yes, it is. We will see more businesses will accept crypto and customers can use crypto to buy products.
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I wouldn't mind but I just don't think we are there yet. It would help cut out the middlemans from collecting a bunch of fees and we remove control from those entities
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We do not have many options to pay with crypto. Some businesses accept crypto and I think it will increase in the future.
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I love making and receiving payments in crypto, it's why I built the Hivelist marketplace. It is creating an economy outside the traditional norm and allows people to free themselves from the corporate bondage... We are just still too early... Crypto is losing that payment narrative, but with all of the government corruption with the financial systems across the world, people are quickly seeing what's up.
Me too. I am waiting for that time when crypto will be widely used in daily life.
When people see how crypto makes our life easy and ensure security and freedom, more people get into crypto and start using it.
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